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Nov 27, 2012
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today was reid saying there's little progress. the next thing we have to be fearful of, which i fully anticipate, is they're going to be talking about a full breakdown of talks in washington between now and the end of the year. that's your buying opportunity. that's when you have to shut your eyes, plug your nose, and jump in. they're not going to let it go that far. we may run over the cliff. i'd expect a deal very quick in the new year with the retroactive feature. it's messy. it's not pretty. we're not looking for good common sense and clean policy from washington. but it will be in place in a month, two months from now. >> when the fall happens, you're saying that's the opportunity. >> i think it's consumer discretionary. you just picked it up a moment ago with corning's commentary about flat panel. the housing market is what's so key about this. we got the very good news from kay-shiler today. housing starts are booming. they're going to continue to run up significantly in the next few years. this isn't just a few months. we'
today was reid saying there's little progress. the next thing we have to be fearful of, which i fully anticipate, is they're going to be talking about a full breakdown of talks in washington between now and the end of the year. that's your buying opportunity. that's when you have to shut your eyes, plug your nose, and jump in. they're not going to let it go that far. we may run over the cliff. i'd expect a deal very quick in the new year with the retroactive feature. it's messy. it's not...
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Nov 28, 2012
11/12
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harry reid on the other hand is saying absolutely not. we are going to -- we can't possibly run the senate without making the changes. the m republic is at stake. >> bret: you believe that this is what they want to pursue and not part of the let's force them in to dealing better in the negotiations somehow with the threat of -- >> it could be both. i think, i mean the majority is going to want to do this, regardless of what the majority is. the minority will fight this no matter what. democrats maintain that the republicans abused the filibuster as the majority always does. so i think they would be doing it anyway. but if it's, you know, gives them extra leverage that's a bonus. >> i link this with the president's approach today where he essentially said to the republicans on taxes, you give me everything, i give you nothing, we go over a cliff otherwise. i think this is an assault by democrats on republicans, democrats have an idea that having just one what they won is a landslide, they will push this on all the fronts in the congress an
harry reid on the other hand is saying absolutely not. we are going to -- we can't possibly run the senate without making the changes. the m republic is at stake. >> bret: you believe that this is what they want to pursue and not part of the let's force them in to dealing better in the negotiations somehow with the threat of -- >> it could be both. i think, i mean the majority is going to want to do this, regardless of what the majority is. the minority will fight this no matter...
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Nov 27, 2012
11/12
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comments from harry reid saying he was disappointed in the lack of fiscal cliff talks. two sides maybe still far apart. that spooking investors. dow jones industrial average down 71 points, basically on our lows of the day. let's wrap up our recovery road trip with one of the big economic engines, worst pun ever by the way, for charlotte, north carolina. it's estimated nascar has added more than $5 billion to the area. we're joined my marcus smith, the president of publicly traded speedway motor sports. they own nine tracks, sonoma and the charlotte motor speedway. thanks for joining us. i know you and your dad sometimes have had a con ttentis nascar a bit. what do you see happening in 2013? >> i think we have great news as a sport. nascar is a tremendous economic engine for the charlotte region, as you mentioned. it's a great economic engine wherever there is a nascar race. over $150 million are generated by having one nascar weekend in a given city. >> wow. $150 million to every town. >> you got it. average fan travels over 300 miles one way. we have more fortune 500
comments from harry reid saying he was disappointed in the lack of fiscal cliff talks. two sides maybe still far apart. that spooking investors. dow jones industrial average down 71 points, basically on our lows of the day. let's wrap up our recovery road trip with one of the big economic engines, worst pun ever by the way, for charlotte, north carolina. it's estimated nascar has added more than $5 billion to the area. we're joined my marcus smith, the president of publicly traded speedway...
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Nov 28, 2012
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so reid is proposing the following rule changes. republicans can't filibuster after having a debate over a bill. democrats shouldn't have to wait as long for a filibuster to be revolved. if republicans want to filibuster, they should have to talk about it. they shouldn't be able to hide in their offices while all this filibustering takes place. come out and talk it over, again and again for a lengthy period of time. the republicans claim that these changes are not fair. blocking legislation for another four years isn't fair to the american people or the process either. it's harry reid's call. joining me is steve benen. great to have you with us. thanks for your time. these rule changes that harry reid and the senate democrats are talking about, how drastic are they and how much of an effect could they have? >> one might think they are outrageous. in reality, the measures that you identified are modest. for many people who are eager to see major changes in the senate because of its dysfunction, this is something of an underwhelming p
so reid is proposing the following rule changes. republicans can't filibuster after having a debate over a bill. democrats shouldn't have to wait as long for a filibuster to be revolved. if republicans want to filibuster, they should have to talk about it. they shouldn't be able to hide in their offices while all this filibustering takes place. come out and talk it over, again and again for a lengthy period of time. the republicans claim that these changes are not fair. blocking legislation for...
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Nov 28, 2012
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the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's judicial nominees. and there was discussion -- there was discussion among republicans about getting rid of the filibuster it was never meant for this purpose. let's blow it up. let many get rid of it. and at the time this is what then senator obama said. everyone in this chamber the senate knows if the majority chooses to end the filibuster, then the fighting, birthsmen and gridlock will only get worse. i know republicans are getting lot of pressure to do this. we need to rise above the ends justify the means to all the people, not just those wear
the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's...
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Nov 27, 2012
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bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when harry read says that the commitment of those republican senators not to raise taxes is an impediment he means it's an impediment to raising taxes so obama and reid can keep spending money. reid has been supportive of every one of barack obama's wasteful spending programs e. wants to raise taxes to pay for it. you heard from van hollen earlier they are not interested in cutting any spending at all. they want to koeupbt as their contribution to budget he restraint, democrats. cuts already in law and 800 bill dollars that he claims he saved for not occu
bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when...
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Nov 29, 2012
11/12
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>> thank you, senator reid. we can debate at length whether the november 6th election was -- >> comments from the senate majority leader, harry reid. essentially saying the exact same thing that speaker boehner did except mr. reid chiding republicans, if you will, saying we're still waiting on a serious offer from the republicans. just a few moments ago, as you did hear live on cnbc, it was speaker boehner saying democrats have yet to get serious. you can continue to watch the comments from senator durbin, senators schumer and murray are also there as well, likely to speak. you can continue to see that as you see at the bottom of your screen on cnbc.com. >>> let's head down to capitol hill and our own eamon javers. i know you keep saying this is a negotiating tactic being used by both sides. it seems as though the markets and the investing public are the ones being held hostage. >> reporter: absolutely. they must feel that way up there on wall street. i can tell you in washington terms, this is a little bit of e
>> thank you, senator reid. we can debate at length whether the november 6th election was -- >> comments from the senate majority leader, harry reid. essentially saying the exact same thing that speaker boehner did except mr. reid chiding republicans, if you will, saying we're still waiting on a serious offer from the republicans. just a few moments ago, as you did hear live on cnbc, it was speaker boehner saying democrats have yet to get serious. you can continue to watch the...
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Nov 28, 2012
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. >> harry reid kept the focus on the president's winning campaign message of letting the tax cuts expire on incomes over $250,000 a year. >> the people who have done so well during this difficult time with the economy, the richest of the rich are going to have to pay a little more to solve the financial problems we have this this country. >> this is what the campaign has been all about. congressional democrats are making sure the message is simple, consistent, to the point and easy to consume. recent comments from david plouffe as well as lawmakers left the president's strategy open to interpretation. progressives were concerned the social safety net programs were on the chopping block, but today democrats were unified in their approach. they are all on the same page. the president was reluctant to agree to a deal cutting medicare and medicaid benefits. president obama is seeking $1.6 trillion in additional revenue over ten years and $340 billion in health care savings. the time says the deal would not affect benefits. that's the keyword, benefits. the president and some democrats in the
. >> harry reid kept the focus on the president's winning campaign message of letting the tax cuts expire on incomes over $250,000 a year. >> the people who have done so well during this difficult time with the economy, the richest of the rich are going to have to pay a little more to solve the financial problems we have this this country. >> this is what the campaign has been all about. congressional democrats are making sure the message is simple, consistent, to the point...
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Nov 22, 2012
11/12
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chip reid on the resignation of congressman jesse jackson, jr. the target of an ethics investigation. scott pelley with the c.e.o. of goldman sachs warning of the dangers of the fiscal cliff. >> what you won't repair is people's attitudes towards the united states. >> glor: and dean reynolds on why there's a smaller bounty to share with the hungry this thanksgiving. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening. scott's off tonight. i'm jeff glor. i eight days of bomb blasts and a celebration in gaza tonight after israel and hamas agreed to a cease-fire. a deal was announced in cairo by secretary of state hillary clinton and egypt's foreign minister. israel agreed to stop air strikes in gaza, where at least 161 palestinians have been killed since last wednesday. hamas promised to stop firing rockets which have killed five israelis. there were fears the deal might not happen after a bomb went off on a bus in tel aviv this morning. 27 people were hurt, no one has claimed responsibility. we have
chip reid on the resignation of congressman jesse jackson, jr. the target of an ethics investigation. scott pelley with the c.e.o. of goldman sachs warning of the dangers of the fiscal cliff. >> what you won't repair is people's attitudes towards the united states. >> glor: and dean reynolds on why there's a smaller bounty to share with the hungry this thanksgiving. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening....
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Nov 27, 2012
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reid reid: no matter how may times my friend, the republican leader, says, "break the rules to change the rules, "doesn't make it true. we're going to follow the rules. i would also say this, i was stunned by reading the press today, a couple - of the hill newspapers. a couple republican senators said, we're going to make things really tough around here. i'm paraphrasing what they said. we're going to make things so bad if they take away our motion to have to file -- i mean, causing me to file cloture on motion the proceed. we're going to make things really difficult. really difficult? when the republican leader said his number-one goal in this congress was to defeat president obama? and that's how they've legislated. everything was to the effort of making sure that barack obama did not serve again. mr. president, there -- there are a myriad of examples. take this one. this is -- this is great to show how hard they worked to put the country on the right track. we decided with firefighters, police officers, and schoolteachers being laid off -- about a million -- we thought, we've got t
reid reid: no matter how may times my friend, the republican leader, says, "break the rules to change the rules, "doesn't make it true. we're going to follow the rules. i would also say this, i was stunned by reading the press today, a couple - of the hill newspapers. a couple republican senators said, we're going to make things really tough around here. i'm paraphrasing what they said. we're going to make things so bad if they take away our motion to have to file -- i mean, causing...
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Nov 28, 2012
11/12
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harry reid was very pessimistic. this is a traitorous market, we will see a lot of volatility going to the end of the year. melissa: it is like a ping-pong match. thank you very much, and very interesting day right now we are glad everybody is watching this, focusing on the fact one sentence close the market around. voicing his optimism they could reach a deal with the white house and avoiddthe fiscal cliff. looking at the oneesentence in that one word, optimism. >> that is right, with the president's remarks that he would like to see framework to avoid the fiscal cliff by christmas. sitting treasury debt up to capitol hill tomorrow to meet with congressional leaders, democrats and republicans. in the meantime the president keeping up the pressure on republicans from here to extend expiring tax cuts for middle-class taxpayers, but let them expire for wealthier taxpayers. take a listen. >> the place where we already have and three complete agreement right now is on middle-class taxes. as i have said before, we have tw
harry reid was very pessimistic. this is a traitorous market, we will see a lot of volatility going to the end of the year. melissa: it is like a ping-pong match. thank you very much, and very interesting day right now we are glad everybody is watching this, focusing on the fact one sentence close the market around. voicing his optimism they could reach a deal with the white house and avoiddthe fiscal cliff. looking at the oneesentence in that one word, optimism. >> that is right, with...
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Nov 29, 2012
11/12
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we've seen kind of a wild day based on comments of boehner, schumer, reid. right now the dow jones industrial average is up just a blew eluga whisker under 50 poi. mostly green. back after this. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ ] i'm with scottrade. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] welcome to the world leader in. derivatives. welcome to superderivatives. >>> corporate executives are naturally barred from illegal insider trading, but is an sec rule designed to avoid t
we've seen kind of a wild day based on comments of boehner, schumer, reid. right now the dow jones industrial average is up just a blew eluga whisker under 50 poi. mostly green. back after this. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar...
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Nov 28, 2012
11/12
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that's harry reid. that's what they say. that's nonsense. people take the pledge but the reason why most republican than a handful of democrats take the pledge is the only 10 to raise taxes. we just and the pledge of in the mail and people make that commitment and campaign on it and make it part of -- >> if you're running in a republican primary, it's very helpful to you, effectively difficult to run in a republican primary without signing it. they are in a box. the republicans, county and look for a way out of? >> no. which general have is a little so here's complicated bill. it's got a lot of moving parts. does it raise taxes? look, it's pretty clear in those cases. the important part of the pledge is it allows people to credibly commit they're not going to raise taxes and the people know who and what they are. is allowed john boehner and mitch mcconnell to govern recently. it's about the republican governors passed out ushers at the red states for the 24 states republican governors, republican legislature. blue are the 13 of 40 state spen
that's harry reid. that's what they say. that's nonsense. people take the pledge but the reason why most republican than a handful of democrats take the pledge is the only 10 to raise taxes. we just and the pledge of in the mail and people make that commitment and campaign on it and make it part of -- >> if you're running in a republican primary, it's very helpful to you, effectively difficult to run in a republican primary without signing it. they are in a box. the republicans, county...
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a talk with some of harry reid's constituents. jane, we downloaded from andrew's iphone showing mustang ranch. how is business in nevada? >> don't tell me wife. >> you're going to nienld out. it's rough. as we approach the fiscal cliff and harry reid's state has been slow. it's hit every industry in nevada and i mean every industry. >> how's business? >> it's been better. >> susan austin run as small business outside reno, nevada, but her business is different. it's a brothel. the legendary mustang ranch. >> this is one of our suites, the asian suite. austin thought the world's oldest profession would be recessionproof. not true. >> then went my high rollers. they discovered they didn't have the discretionary income and they couldn't play as hard as they used to. well that definitely dug into their wallets which definitely affected us. >> will the fiscal cliff impact the mustang ranch? >> well, if folks rub out of money and jobs, i suppose it could. >> gillman is a republican who is looking to nevada's powerful democrat harry reid
a talk with some of harry reid's constituents. jane, we downloaded from andrew's iphone showing mustang ranch. how is business in nevada? >> don't tell me wife. >> you're going to nienld out. it's rough. as we approach the fiscal cliff and harry reid's state has been slow. it's hit every industry in nevada and i mean every industry. >> how's business? >> it's been better. >> susan austin run as small business outside reno, nevada, but her business is different....
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. >> caller: harry reid said they didn't contribute to the debt problem. these big tax breaks contributed to the debt problem, the two false wars created the deficit. we need to lock arms and walk up to the cliff and see what it is all about. >> bill: arnold you got it. alan in new bedford mass. >> caller: good morning, bill. i think there are two separate issues. the bush tax cuts were to expire in 2010. they were only extended was because of [ inaudible ]. period. >> bill: yeah, that was all over the debt ceiling negotiations. the president went along with it, but it's time to end them now. they are still making the argument that that is a job creator. no, it's not. no, it's not. >> announcer: this is the "bill press show." ♪ >> announcer: chatting with you live at current.com/bill press. this is the "bill press show," live on your radio and current tv. >> bill: how about it coming to you live indeed. coming you live on cirrus xm this hour only and on current tv. republicans talking out both sides of their mouth. on one side they are saying hey yeah, w
. >> caller: harry reid said they didn't contribute to the debt problem. these big tax breaks contributed to the debt problem, the two false wars created the deficit. we need to lock arms and walk up to the cliff and see what it is all about. >> bill: arnold you got it. alan in new bedford mass. >> caller: good morning, bill. i think there are two separate issues. the bush tax cuts were to expire in 2010. they were only extended was because of [ inaudible ]. period. >>...
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yesterday, i should point out that senator reid meant to say $1 trillion. not one $1 billion on the sound bite we played to be fair to him. but nancy pelosi is clearly saying we're done. >> you see this in the comments that the democratic members of the house made to the public. big argue in politico, not refrenching on entitlement. that is not going to work. if that he are not willing to give on more spending the republicans are increasingly thinking fine. go over the cliff then. you take us over the cliff. >> bret: what leverage do republicans have? >> republicans don't have a lot of leverage. this is the disagreement with charles on his take on what leverage republicans have. i don't think they have much leverage. if the question is sign up for tax increases, so that you can have a terrible deal that doesn't do anything to reign in entitlement and doesn't make serious spending cuths you are seeing more and more republicans look around and say that is a bad deal. might be better than the other possibility. >> not just a bad deal. this is insulting deal. r
yesterday, i should point out that senator reid meant to say $1 trillion. not one $1 billion on the sound bite we played to be fair to him. but nancy pelosi is clearly saying we're done. >> you see this in the comments that the democratic members of the house made to the public. big argue in politico, not refrenching on entitlement. that is not going to work. if that he are not willing to give on more spending the republicans are increasingly thinking fine. go over the cliff then. you...
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. >> reporter: late yesterday there was a statement issued by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to deal with our massive national debt. it is now over $16 trillion and counting. utah republican senator mike lee wrote that the in an, wrote that in a recent opinion piece. he is a member of the joint economic committee. you're from utah. a lot of mountains there. i'm sure you know what an avalanche looks like and the problem with them is as you point out you don't know when they're going to come. >> that's right, jon. unlike the give which you can see coming the avalanche is there in the sense that the conditions are present but you don't know exactly when it is going to hit you. by the time it hits you it is
. >> reporter: late yesterday there was a statement issued by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to...
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Nov 29, 2012
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harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap your at the president. he said this is a moment for adult leadership. the white house does have to get serious on spending cuts and entitlement reform. the republicans are trying to shift the discussion in this debate over to the spending that side. the entitlement reform side. the president hammering them on the tax side of it. especially spending, extending the bush tax cuts for the middle class. connell: are you noticing a difference? is that the way it is shaping up today that the democrats are more optimistic than the republicans because republicans do no
harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap...
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the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business groups sent a letter to leaders of congress asking them to do tax reform to lower tax rates and also address entitlement reforms. >> shepard: democrats say they want more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat,
the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit...
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. >> we saw harry reid speak yesterday. the market moves when we see different comments out of washington. we saw it again today on this perception that was actually positive commentary. our bar has gotten pretty low. we see stocks move around a lot. what about interest rates? are they responding as much? >> well, perfect question. look at the chart. here's a chart of today's treasury action against the equity market. indeed, other than around 1:00 eastern after the auction, they've been correlating. stocks go up, rates go up. stocks go down, rates go down. we're trading on pr. if the premise of this exchange is should we trade on headlines, if you're a day trader who understands once you make a trade and the air is gone out of the person you trade it with, that's the only realism that is there. pr doesn't move markets more than the short term. most of the people i talk to on the automated side say these are rhythmic traders with algorithms. >> do you have a theory on why gold is down today? >> my theory is simple. i look a
. >> we saw harry reid speak yesterday. the market moves when we see different comments out of washington. we saw it again today on this perception that was actually positive commentary. our bar has gotten pretty low. we see stocks move around a lot. what about interest rates? are they responding as much? >> well, perfect question. look at the chart. here's a chart of today's treasury action against the equity market. indeed, other than around 1:00 eastern after the auction, they've...
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Nov 26, 2012
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as i just said, the president spoke with harry reid and speaker boehner over the weekend. he will be -- he will continue to meet with businesses and civic leaders, as he already has. so many people already have a stake in this discussion, this debate, and are in the prospect of finding a balanced solution. as i said, alan made it clear that the stakes are high and we need to address this in a serious way. i think that there is a growing consensus that has long existed in places that were not fertile for growth that this has to be done in a balanced way. the president looks forward to all the meetings he will be having in the coming days and weeks. >> the president spoke repeatedly last week -- was there any disappointment our sense of the trail from him after the moves president made shortly after the cease-fire happen? >> he spoke on several occasions with the president. president morrissey had set -- so much to do with negotiating a cease-fire and he deserves credit for the role that he played. i can tell you here that we have concerns about the decisions made on the 22n
as i just said, the president spoke with harry reid and speaker boehner over the weekend. he will be -- he will continue to meet with businesses and civic leaders, as he already has. so many people already have a stake in this discussion, this debate, and are in the prospect of finding a balanced solution. as i said, alan made it clear that the stakes are high and we need to address this in a serious way. i think that there is a growing consensus that has long existed in places that were not...
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Nov 29, 2012
11/12
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CNBC
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it goes against what harry reid told me today. i asked the democratic leader in the senate whether or not geithner had made a specific new offer today. he told me no, no new offer from geithner today. he said that the president had made the democrats' offer two weeks ago. clearly, the details in here are not going to be received favorably by republicans. so we can take this as part of an overall negotiating gambit. >> there are some also trading in exchange for increase in taxes on income over $250,000. a one-year postponement of looming spending cuts in defense and domestic programs, correct? >> right. and i think one of those is going to be key. the defense spending is one of the tricky areas here for republicans. they would like to see spending cuts across the board, but they don't necessarily want to see the extreme spending cuts in defense that we're going to see as part of the so-called sequester. so anything that can be done to bring republicans on board in terms of less cuts in defense spending would be a good thing. but c
it goes against what harry reid told me today. i asked the democratic leader in the senate whether or not geithner had made a specific new offer today. he told me no, no new offer from geithner today. he said that the president had made the democrats' offer two weeks ago. clearly, the details in here are not going to be received favorably by republicans. so we can take this as part of an overall negotiating gambit. >> there are some also trading in exchange for increase in taxes on income...
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Nov 29, 2012
11/12
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not just harry reid he is talking to. republican leaders on the house side too so critical of this, john boehner, eric cantor. how will these talks go? we'll follow it and let you know what is happening in two minutes when we continue. >> i'm trying not to paint us into too many boxes where i paint john boehner into a box that tells him what to do. year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is on top of other rewards and discounts i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare
not just harry reid he is talking to. republican leaders on the house side too so critical of this, john boehner, eric cantor. how will these talks go? we'll follow it and let you know what is happening in two minutes when we continue. >> i'm trying not to paint us into too many boxes where i paint john boehner into a box that tells him what to do. year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my...
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Nov 27, 2012
11/12
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CSPAN2
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reid: mr. president? the presiding officer: the leader. mr. reid: mr. president, could we have order? the presiding officer: the clerk will report the treaty. now the leader. the clerk: 112-7, conventions on rights or persons with disabilities. mr. reid: mr. president? the presiding officer: the leader. mr. reid: senators kerry and lugar are managing this most important treaty. we're now in executive session. we're going to take a couple of hours to see who wants to offer amendments. senator lugar, senator kerry should be contacted or their staffs to indicate what, if any, amendments they wish to offer. so that being the case, we hope that by, let's say, 5:00, something can -- we'll have an idea of what the universal amendments, if any, would be. so i ask unanimous consent there be a period of debate only on the treaty until 5:00 p.m. today, with that time equally divided and controlled between the proponents and opponents, that that time actually would be controlled by senators kerry and lugar. the presiding officer: is there objection? mr. reid: and t
reid: mr. president? the presiding officer: the leader. mr. reid: mr. president, could we have order? the presiding officer: the clerk will report the treaty. now the leader. the clerk: 112-7, conventions on rights or persons with disabilities. mr. reid: mr. president? the presiding officer: the leader. mr. reid: senators kerry and lugar are managing this most important treaty. we're now in executive session. we're going to take a couple of hours to see who wants to offer amendments. senator...
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Nov 28, 2012
11/12
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let me play what harry reid said about that. >> we would be somewhat foolish to work out something on the cliff and is six weeks later republicans could pull the same game they did before. >> dana, any indication progress is being made on this or just more roadblocks coming into the picture? >> you know, i was just as a breakfast where bowles and simpson were speaking, and it was a very gloomy and pessimistic affair, and erskine bowles was saying he sees barely eve an one-third possibility of avoiding the fiscal cliff. it appears everybody is just posturing right now. the president is doing it, congressional leaders are doing it. the few who do seem to be willing to compromise are for now the outliers. in fact, more obstacles are being thrown up, and we've got all of ten legislative days left in which to fix this problem. >> well, gloomy and pessimistic are not the words that we want to hear or i think, clarence, that we expected to hear because it seems that before the election there was actually some uniform opinion this absolutely was going to get done by the end of the year. what
let me play what harry reid said about that. >> we would be somewhat foolish to work out something on the cliff and is six weeks later republicans could pull the same game they did before. >> dana, any indication progress is being made on this or just more roadblocks coming into the picture? >> you know, i was just as a breakfast where bowles and simpson were speaking, and it was a very gloomy and pessimistic affair, and erskine bowles was saying he sees barely eve an...
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Nov 27, 2012
11/12
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pretty much the lows of the session. 12,879, matching what we saw when harry reid began making comments about an hour and a half ago. the nasdaq lower by nearly nine points. the s&p lower by seven points. 1399, just below the 1400 level. why the late-day selloff? most on the street blaming these words out of washington about fiscal cliff. >> there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we only have a couple weeks to get something done. so we have to get away from the happy talk and start talking about specific things. >> as we head into the fiscal cliff negotiations, my advice to the president would be seems like our friends on the other side are having some difficulty turning off the campaign. we need to sit down and work this matter out. >> behind closed doors. even with the fiscal cliff looming over the markets, our own jeff cox with cnbc.com says there's a growing bit of optimism about the outlook for next year. take a look at some of the predictions from some of the street's biggest name
pretty much the lows of the session. 12,879, matching what we saw when harry reid began making comments about an hour and a half ago. the nasdaq lower by nearly nine points. the s&p lower by seven points. 1399, just below the 1400 level. why the late-day selloff? most on the street blaming these words out of washington about fiscal cliff. >> there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we...
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Nov 29, 2012
11/12
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jon: so that's senator reid's view, what about the republican point of view? what do we know about that? and also i heard something about a vip phone call? >> reporter: that's right. we know the president of the united states and the speaker of the house, john boehner, had a phone call for about 15 minutes last night. speaker boehner described it as cordial, direct and we've heard that, essentially, you know, 15-minute conversation between the president that that gives them a lot of time to talk about some things. in public, though, republicans are sounding a little bit more frustrated in trying to force the president to step up. take a listen. >> he's got a responsibility to everyone to work out an agreement, and that means he's got to come up with something that can get through a republican house of representatives. so we're waiting on the president. we can still get there, but he's going to have to lead. >> reporter: so keep in mind there's a lot of tough talk in public, a lot of the important work is being done in private including private conversations, a
jon: so that's senator reid's view, what about the republican point of view? what do we know about that? and also i heard something about a vip phone call? >> reporter: that's right. we know the president of the united states and the speaker of the house, john boehner, had a phone call for about 15 minutes last night. speaker boehner described it as cordial, direct and we've heard that, essentially, you know, 15-minute conversation between the president that that gives them a lot of time...
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Nov 26, 2012
11/12
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that's what we've got to see from nancy pelosi, harry reid and the president. where is their proposal to actually fix the problem? because raising taxes is not going to fix the problem. we've always believed that raising taxes is going to be harmful to a small businessman or woman in creating a job, and, you know, i tell this story about a cook that i met in an airport. when he told me he came up and says,ase do something about the problem in washington, we need more jobs. he said i had to take a cook's position because i couldn't find a job that best met my skill set in the construction industry. i want to go and find that job to make the kind of money that i feel i'm worth, but if you raise taxes on the small businessman or woman who is creating that job that is creating less of a likelihood that you're going to create the job. bill: you have to dance now and you're trying to thread this needle the difference between raising tax revenues and tax rates, there is a distinction i get it. do your constituents get it? are they going to look at you and say, hey you
that's what we've got to see from nancy pelosi, harry reid and the president. where is their proposal to actually fix the problem? because raising taxes is not going to fix the problem. we've always believed that raising taxes is going to be harmful to a small businessman or woman in creating a job, and, you know, i tell this story about a cook that i met in an airport. when he told me he came up and says,ase do something about the problem in washington, we need more jobs. he said i had to take...
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Nov 29, 2012
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not the four of them together, mcconnell, reid, pelosi, boehner. you know, this is still a game of no matter at the end of the day, this is still a game of 218. i saw the "politico" report. the number on the spending side is just lower than everything you hear. and that all depends, you know, what they describe, that's a reality that gets somehow got 150 house democrats and convinced john boehner to go to the floor with only 80 house republicans. >> chuck, what's the number you're talking about in the "politico" report that you say is a little low? >> reporter: the overall cuts, the medicare number of $400 billion. it would be a surprise because $400 billion is already what dick durbin's talking about. that's the number that's out there. that number felt a little bit low from what i've heard. look, that's the -- that's what's going on right now, right? is that each side is preparing its base to eat its vegetables. so the democrats are trying to get the base to be prepared for a haircut on medicare that's 4, 5, maybe $600 billion. and boehner who, b
not the four of them together, mcconnell, reid, pelosi, boehner. you know, this is still a game of no matter at the end of the day, this is still a game of 218. i saw the "politico" report. the number on the spending side is just lower than everything you hear. and that all depends, you know, what they describe, that's a reality that gets somehow got 150 house democrats and convinced john boehner to go to the floor with only 80 house republicans. >> chuck, what's the number...
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Nov 27, 2012
11/12
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and we aeronaut too far off of that budget the loss to the offense went directly asked harry reid would not name any cuts there would be willing to offer. but they said they needed credit for cuts previously made. with that, there is no bipartisanship they're not reaching any agreement anytime soon. that is why we're down 82 points. dollar general going into the friday close with the up arrow. cooper industries. and then they said it was constructive. >> that is all they needed to hear. ashley: that means nothing. tracy: clearly. they cannot agree on a pack of gum. can obamacare go back to the supreme court really? judge andrew napolitano says yes. next. ashley: look at the winners and losers. the dow off by 80 points. research in motion downp 2%. nearly 9%. we will be right back. ashley: the epa may be close to of closing new regulations on air quality and carbon emissions that some say are too harsh. one senator tries to prevent the new rules from going into effect. >> j'mison hof the head of the environment committee and the most vocal critic comment today the heartland institute pre
and we aeronaut too far off of that budget the loss to the offense went directly asked harry reid would not name any cuts there would be willing to offer. but they said they needed credit for cuts previously made. with that, there is no bipartisanship they're not reaching any agreement anytime soon. that is why we're down 82 points. dollar general going into the friday close with the up arrow. cooper industries. and then they said it was constructive. >> that is all they needed to hear....
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Nov 28, 2012
11/12
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stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal iff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple reportedly fired the manar behind apple maps. iphone software has been widely panned for flaws and inaccuracies since its launch back in september. what you really want is an accurate map, so there you go. >>> on to our top story tonight, president obama ups the ante on fiscal cliff pressure meeting with small business owners from all walks of live at the white house today. the million dollar question? what will be the real impact on small businesss? with me now, straight from that meeting in a fox business exclusive is the cofounder of book to the roots, an urban mushroom farm growing gourmet business. wow i have to ask yy
stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal iff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple...
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Nov 28, 2012
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martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. this time they are protesting the current president martha maccallum and his power grab. they are disillusioned with what he has brought to their country. then you have this happening. police firing teargas. gypt's highest courts refusing to work in protest of morsi's actions. steve harrigan is streaming live from cairo. the protests looked like the unrest we sa
martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and...
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Nov 29, 2012
11/12
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that's signed by harry reid. senator durbin giving a speech saying no touching medicare or medicaid in any year end package. so, basically, the democratic position is no changes to social security, no changes to medicare, no changes to medicaid, yet the mainstream media all you hear is three words: grover, grover, grover. all you hear is about republican intransigence on taxes. where are the stories about democratic intransigence on entitlements? it seems to me that what they want to do is go off the fiscal cliff, pocket the increase on the wealthy, the tax increase on the wealthy, and blame republicans for the middle class tax increases. and if that's what they want to do, then republicans should say let's go with 'em. megyn: simon, what about the spending cuts? >> well, first of all, i was in a meeting with the president two days ago, private meeting, and he made it very clear he doesn't want to go over a fiscal cliff, and his preference is to do a deal with the republicans. so i think what marc said at the beg
that's signed by harry reid. senator durbin giving a speech saying no touching medicare or medicaid in any year end package. so, basically, the democratic position is no changes to social security, no changes to medicare, no changes to medicaid, yet the mainstream media all you hear is three words: grover, grover, grover. all you hear is about republican intransigence on taxes. where are the stories about democratic intransigence on entitlements? it seems to me that what they want to do is go...
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Nov 26, 2012
11/12
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question of leadership, the white house aides say the past weekend, the president called both senator reid and speaker boehner to get things going. there is a talk of a immediating at the white house later this week. >> ed henry live on the north lawn. thank you. stocks were mixed. the dow lost 42. nasdaq gained ten. they are still trying to find a deal for bail-out money for greece. they failed to reach an agreement twice in two weeks. mary schapiro is leaving next month. she will be replaced by the sikh commission member elite walter. you may want to let go of your mouse and pay attention the next story. you and your fellow americans are expected to spend well in the ten figure range today. during the online shopping blitz known as cyber monday. that is a lot of cash. that is not taxed at the in-person rate. james rosen. >> the cyber monday rush to p.c., iphone android poses little threat to the black friday stampede to brick and mortar stores but the numbers are starting to turn. >> we now have one in ten discretionary dollars spent online. >> physical retailer saw foot traffic decline
question of leadership, the white house aides say the past weekend, the president called both senator reid and speaker boehner to get things going. there is a talk of a immediating at the white house later this week. >> ed henry live on the north lawn. thank you. stocks were mixed. the dow lost 42. nasdaq gained ten. they are still trying to find a deal for bail-out money for greece. they failed to reach an agreement twice in two weeks. mary schapiro is leaving next month. she will be...
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Nov 27, 2012
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say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to incre
say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with...
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Nov 21, 2012
11/12
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the white house, you know, pushing senator reid to get a budget out of the senate. is there going to be some kind of a kumbaya moment? >> i think there is. i just read the tea leaves and you listen to nancy pelosi or harry reid, the majority leader of the senate. both have already said that there is going to be a deal well before christmas. i think that they know. pressure from low income people on the left. they want them to make a deal. again, i don't think it's getting attention, but the president is under pressure. jon: it is so fascinating that so little seems to get done and get the voters sent the same cast of characters back to washington to get it all done again, i guess. >> that's optimistic. jon: juan williams, brad blakeman. happy thanksgiving. jenna: on this thanksgiving, the latest forecast up next for you. plus, thanksgiving favorites getting a whole new look this year. one of them is the star of them all. the turkey. turkey ice cream. need i say more? stay with us people really love snapshot from progressive, but don't just listen to me. listen to th
the white house, you know, pushing senator reid to get a budget out of the senate. is there going to be some kind of a kumbaya moment? >> i think there is. i just read the tea leaves and you listen to nancy pelosi or harry reid, the majority leader of the senate. both have already said that there is going to be a deal well before christmas. i think that they know. pressure from low income people on the left. they want them to make a deal. again, i don't think it's getting attention, but...
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Nov 25, 2012
11/12
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we also heard from senate majority leader harry reid that the work on this would continue over the break and that they hope to meet the president this week when they return. right now that meeting is not yet on the schedule, but that can certainly change, randi. >> has there been any concrete movement as far as we can tell that they are edging maybe just a little bit closer to a deal? >> well, that's really the question here. i mean, as i said, the work has continued among staffers discussing this. we know what the big hold-ups are, the big sticking points, and that's how to raise more tax revenue. we know republicans can put revenue on the table, but they don't want to see tax rates go up for anyone. we also know that the president ran on this idea of raising taxes on the wealthiest among us. the other issue is entitlements. republicans want to see democrats reform programs like medicare, so those are the sticking points. now, if there's been progress that hasn't been made public yet, and i can tell you that right after the election the president spoke with house speaker john boehner, a
we also heard from senate majority leader harry reid that the work on this would continue over the break and that they hope to meet the president this week when they return. right now that meeting is not yet on the schedule, but that can certainly change, randi. >> has there been any concrete movement as far as we can tell that they are edging maybe just a little bit closer to a deal? >> well, that's really the question here. i mean, as i said, the work has continued among staffers...
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Nov 27, 2012
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>> bret: senate majority leader harry reid says long-time republican senator bob dole is in army reed medical center. he is 89 years old and has been hospitalized several times in recent years. the kansas senator ran for president in 1996. vice president in 1976. the seasonal accused of the biggest security breach in u.s. history says he has been punished enough already. army private bradley manning is expected to testify this week in a pretrial hearing. his lawyers contend his isolation in the small cell where he was forced to sleep naked was illegal. they are seeking a dismissal of charges. manning is accused of sending classified war logs and diplomatic cable to website wikileaks. all sides seem to be digging in as the political turmoil in egypt continues. today another familiar sight in a familiar place not too long after the last president was forced from power there. correspondent steve harrigan is in cairo tonight. >> attempts by egypt president morsi to expand his powers have galvanized the oppositio opposition. in to the largest street protest since those that helped overthro
>> bret: senate majority leader harry reid says long-time republican senator bob dole is in army reed medical center. he is 89 years old and has been hospitalized several times in recent years. the kansas senator ran for president in 1996. vice president in 1976. the seasonal accused of the biggest security breach in u.s. history says he has been punished enough already. army private bradley manning is expected to testify this week in a pretrial hearing. his lawyers contend his isolation...
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Nov 29, 2012
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. >> reporter: now, today, councilwoman schaaf and her counterpart larry reid asked the city to do emergency funding to get contracts for 11 sheriff's deputies to start working in oakland during the week and also get 20 civilians on board to help the cops out. as for those gangbangers in the car that hit the poor guy, they took off on foot and are believed to be somewhere in the neighborhood even as we speak. allen. >> and phil, all of this and the police department still has the federal takeover possibility that comes up next month. >> reporter: it does. they had a closed-door meeting about that this week and it appears that that's at an impasse as well but allen, we have a lot of attention about federal takeovers and things like that but for the average resident, it's about crime and it's about trying to get something done on that level. >> yeah. about being safe. thank you, phil matier. >>> you're talking a crime spree of epic proportions. >> the suspect isn't even old enough to drive. why he could be locked up for a very long time. >> chances are you're sitting on a potential hazard righ
. >> reporter: now, today, councilwoman schaaf and her counterpart larry reid asked the city to do emergency funding to get contracts for 11 sheriff's deputies to start working in oakland during the week and also get 20 civilians on board to help the cops out. as for those gangbangers in the car that hit the poor guy, they took off on foot and are believed to be somewhere in the neighborhood even as we speak. allen. >> and phil, all of this and the police department still has the...
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Nov 28, 2012
11/12
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majority leader harry reid has been a senate institutionalist for years and he's changed his mind. now he says he wants to change the rule for filibusters when the new senate convenes in january. president obama has signaled today he's on board, too. filibuster is badly needed. there is a problem, however. the rules changes the democrats have in mind really won't change anything at all. the first idea is to get rid of the fill bust other what's called the motion to proceed. what does that mean? it means a bill could only be filibustered once it's debated on the floor. not when snares are deciding whether to bring it to the floor. there's nothing wrong with this idea but even if adopted it will take 60 votes to pass anything in the senate. democrats' other idea is to force real talking filibusters. if republicans want a filibuster something they have to do it in the open, hold the floor, talk for hours on end, like the old days. supposedly this will shine the light on obstructionism. cause an uproar and cause the gop to back down. it won't. republicans will be happy to stand up and
majority leader harry reid has been a senate institutionalist for years and he's changed his mind. now he says he wants to change the rule for filibusters when the new senate convenes in january. president obama has signaled today he's on board, too. filibuster is badly needed. there is a problem, however. the rules changes the democrats have in mind really won't change anything at all. the first idea is to get rid of the fill bust other what's called the motion to proceed. what does that mean?...
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Nov 22, 2012
11/12
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you have harry reid saying he is not open to reforming specifically social security. there may be some wiggle room on some of the other entitlements, but things are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obama bardened a thanksgiving turk
you have harry reid saying he is not open to reforming specifically social security. there may be some wiggle room on some of the other entitlements, but things are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited....
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Nov 26, 2012
11/12
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what's been happening is not because harry reid is an ineffective leader. as he's trying to say obstructing everything, even beginning debate on things. even considering things. blah, blah blah. it will shut down the senate. it is such an abuse of power. [baby crying] >> he's admitting they do have power now. >> stephanie: the push will happen at the start of the new congress and reid will unveil the rules package which has changes to the filibuster. what reid appears most to do is push for an end on the filibuster or the beginning of a debate on bills or nominations. senators could still filibuster virtually any other aspect including any movement to end debate for final vote on a bill. yeah. by in large reading this talk is on board with this approach. they're furious as what they see as deliberate attempts to threaten filibusters on even the most routine pieces of legislation or noncontroversial nominations. simply to stall president obama's agenda. yea. i say. 58 minutes after the hour. right back on "the stephanie miller show." governor tomorrow night.
what's been happening is not because harry reid is an ineffective leader. as he's trying to say obstructing everything, even beginning debate on things. even considering things. blah, blah blah. it will shut down the senate. it is such an abuse of power. [baby crying] >> he's admitting they do have power now. >> stephanie: the push will happen at the start of the new congress and reid will unveil the rules package which has changes to the filibuster. what reid appears most to do is...
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Nov 29, 2012
11/12
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his first meeting with harry reid, next meeting now with john baynor. we hope to hear from both of them in about an hour. nobody is quite sure whether this is a new plan that they are bringing up to sort of shop with leaders, you know we -- if we were talking about negotiations today on the fiscal cliff we may think of a big room or everybody is meeting together at once. that's not what is going on. he is meeting first with reid and then with baynor, later with the senate republican leader, and then later today with nancy pelosi. it's individual meetings that are going on today. that leaves a lot of us to wonder how much progress there is. >> and a lot of the republicans seem to be upset that the president is not meeting with them, that he is sending delegates. >> reporter: yeah, when you get down to it the big shots have to all be in the room. the top four from the hill and the president. that's what it comes down do. obviously he has in the past not exactly gotten down in the details and had others do the baring for him. one can understand that. they
his first meeting with harry reid, next meeting now with john baynor. we hope to hear from both of them in about an hour. nobody is quite sure whether this is a new plan that they are bringing up to sort of shop with leaders, you know we -- if we were talking about negotiations today on the fiscal cliff we may think of a big room or everybody is meeting together at once. that's not what is going on. he is meeting first with reid and then with baynor, later with the senate republican leader, and...
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Nov 26, 2012
11/12
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this is something that i -- especially on social security, we have seen senate majority leader harry reid said let's not mess with social security, signals from the white house indicating they're not going to touchdown social security, maybe medicare, medicaid, but not social security and republicans will say, wait a minute, you're not serious. we're giving ground on revenue, you got to give ground on spending. and, brooke, i think the biggest thing here is that this bill, if they get a bill, is going to be so unpopular because it is going to raise taxes and it is going to cut benefits and getting the votes to pass this is going to be enormously difficult. >> you bring up the benefits issue. let me run through this, because it brings us back to the possibility of no deal whatsoever. again, on the automatic tax increases come january 1. we're talking about a lot of stuff here. the bush era tax cuts expire. as does the president's so-called payroll tax holiday on social security deductions, follow along with me, the so-called marriage penalty returns full force, you also have extended unemp
this is something that i -- especially on social security, we have seen senate majority leader harry reid said let's not mess with social security, signals from the white house indicating they're not going to touchdown social security, maybe medicare, medicaid, but not social security and republicans will say, wait a minute, you're not serious. we're giving ground on revenue, you got to give ground on spending. and, brooke, i think the biggest thing here is that this bill, if they get a bill,...
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Nov 27, 2012
11/12
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reid over the weekend. it looks like the president is going to continue the push and meet with the ceo's tomorrow. they upon meet with irskin bowles. he was the co-chair of simpson-bowles commission . mr. bowles had a great plan. he is a democrat, that offered up 800 billion in new revenue and overhaul the tax system and changes to medicare and that's why the republicans are asking the democrats to come in and explain your deal. this plan was hatched in 2010 and everyone walked away from it and now they call bowles back up? it is late. this is what the american people are upset about. nothing gets done. >> steve: we are a month from the cliff. >> gretchen: we could have avoided the cliff if they used the plan as a starting point. americans are upset nothing gets done. >> brian: norquist is the bad guy. you should walk away from grover norquest. he said you have enough money on capitol hill and stop asking us . he's been a watch dog on our money so whether you are democrat or republican you should salute him
reid over the weekend. it looks like the president is going to continue the push and meet with the ceo's tomorrow. they upon meet with irskin bowles. he was the co-chair of simpson-bowles commission . mr. bowles had a great plan. he is a democrat, that offered up 800 billion in new revenue and overhaul the tax system and changes to medicare and that's why the republicans are asking the democrats to come in and explain your deal. this plan was hatched in 2010 and everyone walked away from it and...
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Nov 23, 2012
11/12
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CNBC
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doesn't have the name recognition of harry reid. she clearly says if we don't get what we want, let's go over the cliff. this is the most important part. we talk about the fiscal cliff and recession. this is not as if a fire and brimstone will ring down on the earth on january 1st. slow and steady decline. when i tell people i expect us to breach this and go into the new year, i don't think that this is going to be the power goes out on january 1st. there will be a debate and slope. if you resolve this in a week or week and a half or two weeks, not much will happen economically speaking. the economy will not fold in on itself and we'll have this conversation eating spam in cave in the woods. >> that's good to know. he may be judging from what his weekends are like. >> that's an official view. >> where's the love? happy holidays to everybody. >> spam is not good. >> it's delicious. >> dan, thanks for stopping by. sears, kmart, walmart, best buy adding last-minute deals to sales list for black friday shoppers. find out what the deals
doesn't have the name recognition of harry reid. she clearly says if we don't get what we want, let's go over the cliff. this is the most important part. we talk about the fiscal cliff and recession. this is not as if a fire and brimstone will ring down on the earth on january 1st. slow and steady decline. when i tell people i expect us to breach this and go into the new year, i don't think that this is going to be the power goes out on january 1st. there will be a debate and slope. if you...
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Nov 27, 2012
11/12
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will coach andy reid survive another week? looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today...
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Nov 28, 2012
11/12
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that's colbert territory, that's harry reid, that's what they say. that's nonsense. people take the pledge. the reason why most republicans and a handful of democrats take the pledge is that they don't intend to raise taxes. >> wouldn't it be good if our leaders were not signing pledges like this and actually voted with what their stilts wanted? >> absolutely. yeah. it would be good. it's funny what an election will do. a lot of republicans are seeing the handwriting on the wall instead of the handwriting on a pledge. they'll realize this election in november was not about upholding your pledge to grover norquist. it was about upholding your responsibility to protect the middle class. i'm glad more and more republicans are recognizing the need to join democrats in compromise and consensus. we want deficit reduction that is big, bold, but balanced. as long as more republicans can agree with us on that we're willing to compromise with them and meet them halfway. >> sir, real quickly while i have you, it was announced in the last hour that the president is going to be h
that's colbert territory, that's harry reid, that's what they say. that's nonsense. people take the pledge. the reason why most republicans and a handful of democrats take the pledge is that they don't intend to raise taxes. >> wouldn't it be good if our leaders were not signing pledges like this and actually voted with what their stilts wanted? >> absolutely. yeah. it would be good. it's funny what an election will do. a lot of republicans are seeing the handwriting on the wall...